NYSE$MCD
McDonald's · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
McDonald's reported strong Q4 2019 results, driven by global comparable sales growth.
McDonald's Corporation reported Q4 2019 results, with consolidated revenues increasing by 4% and diluted earnings per share increasing by 14%. The results reflected stronger operating performance due to an increase in sales-driven franchised margin dollars, partly offset by higher G&A spend.
- Global comparable sales grew by 5.9%, with increases in the International Operated segment, the U.S., and the International Developmental Licensed segment.
- Consolidated revenues increased by 4% (4% in constant currencies).
- Consolidated operating income increased by 15% (16% in constant currencies), reflecting $140 million of prior year impairment charges.
- Diluted earnings per share of $2.08 increased 14% (15% in constant currencies), including $0.11 per share of income tax benefit.
Headline financials
Revenue & EPS history
McDonald's · Revenue · Quarterly
$5.35B
Revenue by segment
McDonald's · $2.3B total across 1 segment · Q1 2022
- Company-Owned Restaurants$2.3B—100.0%
Forward guidance
McDonald's will continue to deliver delicious food and optimize our investments as we further transform the experience for our customers through added convenience and digital engagement.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+0.3%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.1%
Avg return
30 days after
53%
39 / 73 earnings
Positive
+9.8%
Q3 2015
Best reaction
-6.2%
Q2 2016
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.0% | -3.2% | -1.5% | |
| Q4 2025 | +2.7% | +1.4% | +1.0% | |
| Q3 2025 | +2.3% | -0.0% | +4.0% | |
| Q2 2025 | +3.0% | +1.9% | +5.2% | |
| Q1 2025 | -1.9% | -0.9% | -1.8% | |
| Q4 2024 | +4.8% | +4.8% | +1.7% | |
| Q3 2024 | -1.8% | -0.5% | -0.6% | |
| Q2 2024 | +5.7% | +9.8% | +13.9% | |
| Q1 2024 | +0.3% | -1.2% | -7.9% | |
| Q4 2023 | -4.2% | -2.6% | -1.4% | |
| Q3 2023 | +2.5% | +4.7% | +9.6% | |
| Q2 2023 | +0.8% | -0.2% | -2.5% | |
| Q1 2023 | -1.2% | +0.9% | -2.6% | |
| Q4 2022 | -1.7% | -2.5% | -1.2% | |
| Q3 2022 | +7.0% | +6.4% | +7.2% | |
| Q2 2022 | +3.4% | +5.2% | +4.9% | |
| Q1 2022 | +0.8% | -0.5% | +1.9% | |
| Q4 2021 | +2.5% | +3.7% | -0.2% | |
| Q3 2021 | +3.8% | +6.0% | +5.7% | |
| Q2 2021 | -0.9% | -2.5% | -3.6% | |
| Q1 2021 | +1.6% | +0.6% | +0.6% | |
| Q4 2020 | +0.4% | +1.3% | -0.4% | |
| Q3 2020 | -1.5% | -1.5% | -3.6% | |
| Q2 2020 | -2.5% | -3.5% | +5.4% | |
| Q1 2020 | -2.7% | -4.6% | -0.8% | |
| Q4 2019 | +2.8% | +2.3% | -7.7% | |
| Q3 2019 | -5.1% | -7.3% | -8.3% | |
| Q2 2019 | +0.3% | -1.7% | +0.1% | |
| Q1 2019 | -1.5% | +0.2% | +1.1% | |
| Q4 2018 | -1.9% | -2.5% | +1.6% | |
| Q3 2018 | +6.4% | +4.0% | +9.7% | |
| Q2 2018 | -0.9% | -0.8% | +0.3% | |
| Q1 2018 | +3.2% | +4.3% | +2.2% | |
| Q4 2017 | -3.7% | -4.7% | -12.4% | |
| Q3 2017 | +0.1% | +1.3% | +3.5% | |
| Q2 2017 | +3.1% | +2.6% | +4.3% | |
| Q1 2017 | +4.9% | +4.2% | +11.6% | |
| Q4 2016 | -1.0% | +0.5% | +4.6% | |
| Q3 2016 | +2.7% | +1.4% | +8.5% | |
| Q2 2016 | -6.2% | -7.7% | -9.4% | |
| Q1 2016 | +1.3% | — | — | |
| Q4 2015 | +1.7% | — | — | |
| Q3 2015 | +9.8% | — | — | |
| Q2 2015 | -1.5% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | -0.2% | — | — | |
| Q3 2014 | -0.7% | — | — | |
| Q2 2014 | -2.3% | — | — | |
| Q1 2014 | -0.5% | — | — | |
| Q4 2013 | -0.5% | — | — | |
| Q3 2013 | -0.1% | — | — | |
| Q2 2013 | -3.5% | — | — | |
| Q1 2013 | -2.5% | — | — | |
| Q4 2012 | +0.4% | — | — | |
| Q3 2012 | -4.7% | — | — | |
| Q2 2012 | -3.8% | — | — | |
| Q1 2012 | -0.1% | — | — | |
| Q4 2011 | -0.4% | — | — | |
| Q3 2011 | +1.7% | — | — | |
| Q2 2011 | -2.6% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2010 | +0.6% | — | — | |
| Q3 2010 | +0.2% | — | — | |
| Q2 2010 | +1.5% | — | — | |
| Q1 2009 | -3.8% | — | — | |
| Q1 2010 | +0.5% | — | — | |
| Q4 2007 | -0.6% | — | — | |
| Q4 2009 | -0.6% | — | — | |
| Q3 2008 | +2.4% | — | — | |
| Q3 2009 | +2.4% | — | — | |
| Q2 2009 | +0.2% | — | — | |
| Q4 2008 | +0.2% | — | — | |
| Q2 2008 | +0.2% | — | — |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro